FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Looks primed to break out from the channel in a bearish manner. Will open a bearish position on confirmation. Looking for a strong impulsive move down. .9000 looks good for a target 1. We'll see where it goes from there
Thank you for the chart.But still on long position. Trend is your friend. But agree, once break the channel could trigger a powerfull move.
Sensei pedromm
congrats for being in on this long. closed a long position i had on this at the upper boundary of the channel and never re-entered on the bounce off the lower boundary. If we get a breakdown i'll be ready
STBinary pedromm
My only friend is my hand ;)
Nice one for getting chart of the day! :) I still am waiting for that accolade for me!

Do you think that now the rate is higher the breakout is more imminent? Or has your analysis indicated otherwise?
Sensei STBinary
Trend is your friend as the fellow below this comment so well stated. Difficult to time exactly when the breakout will occur, if it ever even does. Only then will i take a short position with that confirmation. Still waiting on this one.
STBinary Sensei
Nice appreciate the response and of course got fingers and toes crossed for you :)
Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of an ongoing ascending channel.
Sensei walker.england
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